Assetline Capital has unveiled a new leadership team as it accelerates growth in its private lending division.
Laura Stanley and Steven Filler will co-lead the boutique non-bank's private lending division as co-national directors of private lending, tasked with driving growth in private lending at Assetline.The duo reports directly to Nick Raphaely and Steven Beinart, co-chief executive officers of alternative asset manager AltX Financial Group, Assetline's parent company.
"Private credit has moved from a niche solution to a core part of the financing landscape in Australia," Beinart told Australian Broker, explaining the reason for the firm's expansion plans. "Over the past decade, banks have tightened capital requirements and pulled back from mid-market and higher-complexity lending, creating a structural gap that non-bank lenders have stepped in to fill. At the same time, investors — particularly superannuation funds and private capital providers — are allocating more to private credit in search of stable, income-generating returns."
Globally, the private credit market — which includes fewer regulations and direct loans from non-bank institutions to businesses — is valued at roughly $1.7 trillion USD. In Australia, estimates of the country's private credit assets under management were more than $200 billion AUD at the end of 2024, up from $188 billion the year before.
"For brokers, this means private credit and lending is no longer just a last-resort option for real estate lending; it’s an increasingly important tool for clients whose timelines, structures or risk profiles don’t align with traditional bank criteria," Beinart continued. "The key to capitalising on this growth is understanding when a scenario is better suited to private capital, and engaging with lenders early, rather than waiting until a deal has already stalled.”
The Sydney-headquartered Assetline, which was founded in 2012 and now has offices in Melbourne and Brisbane, is part of the AltX Financial Group portfolio of companies. Other brands include Clinch, 365 Funding and Generate Homes. Since its inception, the parent company has funded more than $6.5 billion in property-backed transactions across Australia.
At Assetline, four core products include: "Horizon Mortgages" (which includes individual, self-employed, trust and self-managed super fund (SMSF) borrowers), development finance, bridging loans and private lending.
The private lending arm offers loans in both residential and commercial property between $500,000 to $40 million. Funds are raised from both institutional and private investors.
Beinart said that building the right team is key to driving growth in Assetline’s private lending division.
"Brokers want to work with teams that are knowledgeable, solution-focused and responsive," he explained.
Sydney-based Stanley has spent more than two years with Assetline, most recently as state manager. With more than a decade in Australia’s mortgage industry, she brings experience as both a BDM and mortgage broker.
Filler, who is also based in Sydney, has been with Assetline for more than five years. Most recently he held the title of credit manager, property and development finance. His expertise includes underwriting and structuring complex transactions, the company said.
“Coming from a credit perspective, I understand what makes deals work, how to solve problems for brokers and where our appetite sits,” Filler said. “Brokers are looking for certainty and responsiveness. Working with Laura, we’re focused on delivering outcomes when traditional pathways may not be available.”
Stanley added: “We have the funding breadth and operational infrastructure to deliver bespoke solutions for brokers and their clients, particularly in complex or time-sensitive scenarios. I’m excited to co-lead this team and deepen our support for brokers nationally.”
Royden D’Vaz, who leads Assetline's Horizon Mortgages division, said Assetline's expansion plans have strengthened its connections with brokers across the country.
“We’re working with a growing number of brokers who trust Assetline for their clients’ long-term lending needs, and as those relationships deepen, brokers increasingly look to us for solutions when a deal becomes more complex or falls outside traditional parameters," he said. "Strengthening our private lending capability ensures we can support brokers across the full spectrum of scenarios.”
